Shore Bank
Status: | Inactive as of 10/10/2015 |
Merger - Without Assistance | |
Successor Bank: | Xenith Bank |
Headquarters: | Shore Bank 25020 Shore Pakway Onley, VA 23418 |
Established: | 01/01/1961 |
FDIC Insurance: | 08/17/1962 |
FDIC Cert: | #31294 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $389,843,000 |
Total Deposits: | $337,278,000 |
History
1961-01-01 | Institution established: Original name:Shore Savings and Loan Association | |
1988-08-31 | Moved bank headquarters from ACCOMAC, VA to ONLEY, VA | |
1988-08-31 | Changed name to Shore Savings Bank | |
1992-12-21 | Changed name to Shore Savings Bank, F.S.B. | |
1992-12-21 | Changed organization type to STOCK SAVINGS BANK | |
1997-06-10 | Changed name to Shore Bank | |
1998-04-01 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
1998-04-01 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD | |
1998-04-01 | Changed organization type to COMMERCIAL BANK | |
2015-10-10 | Merged into and subsequently operated as part of Bank of Hampton Roads (27125) in VIRGINIA BEACH, VA | |
2016-07-30 | Moved bank headquarters from VIRGINIA BEACH, VA to RICHMOND, VA | |
2016-07-30 | Changed name to Xenith Bank (27125) | |
2016-07-30 | Acquired Xenith Bank (57487) in RICHMOND, VA | |
2018-01-01 | Merged into and subsequently operated as part of Union Bank & Trust (34589) in RICHMOND, VA | |
2019-02-01 | Acquired Access National Bank (35189) in RESTON, VA | |
2019-05-20 | Changed name to Atlantic Union Bank (34589) |